$ADA

#ADA

ADA/USDT – Technical Analysis & Forecast

Current Price: ~0.5822 USDT

Change (24h): −2.37%

🔍 Indicators:

StochRSI: neutral zone

MAs: neutral to slight bearish

Pattern: Testing support at 0.54–0.63, 20–30% drop possible if broken

ADX ~11: very weak trend

📉 Support: 0.54 – 0.58

📈 Resistance: 0.62 – 0.63

📈 Recommendation:

⏳ Wait for bounce from support or clear close above 0.63

❌ Break below 0.54 → further downside toward 0.50

📌 Suggested Strategy:

Condition Action

✅ Bullish candles at 0.54–0.58 Light buy → target 0.62–0.63

🔼 Close above 0.63 Stronger entry → target 0.68–0.70

❌ Break below 0.54 Avoid entry → support next at 0.50